Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse
Precious metals producer Sibanye-Stillwater (JSE: SSW)(NYSE: SBSW) flagged on Wednesday a 47.5 billion rand ($2.58 billion) impairment on its upcoming 2023 results due to falling prices for the main metals it mines, including palladium, platinum and nickel.
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Sibanye-Stillwater, Heraeus team up to save palladium
Precious metals producer Sibanye-Stillwater (JSE: SSW)(NYSE: SBSW) has teamed up with metals trader and recycling company Heraeus Precious Metals to explore new uses for platinum-group metals (PGM), particularly palladium, in the hydrogen market.
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Stillwater Critical Minerals welcomes Glencore as major investor
Mining News Pro - Stillwater Critical Minerals has welcomed Glencore Canada as a major investor to help advance its portfolio of nickel exploration and development projects in North America.
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Sibanye resumes underground production at Stillwater West after shaft repairs
Mining News Pro - Sibanye-Stillwater has resumed production at its Stillwater West platinum group metals (PGM) mine in Montana after repairing the shaft infrastructure that was damaged during an incident in March.
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Sibanye-Stillwater gets key permit for Keliber lithium project
Mining News Pro - Sibanye-Stillwater has received the environmental permit for its Keliber lithium mining and processing project in Finland.
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Stillwater expands resource, nickel by more than half at Montana project
Mining News Pro - Stillwater Critical Minerales has increased its resource estimate tonnage significantly at its Stillwater West battery and platinum metals project in Montana as it looks to emulate world-leading neighbour Sibanye-Stillwater.
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Sibanye-Stillwater to spend $616m advancing Finnish lithium project
Mining News Pro - The miner owns about 85% of Finnish battery chemical maker Keliber, which in turn owns the namesake lithium project.
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Sibanye-Stillwater eyes Zambia’s Mopani Copper Mines
Mining News Pro - Expansion-minded Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) is interested in Zambia’s Mopani Copper Mines (MCM), as the mine and smelter complex looking for new investors after Glencore sold the asset to the state mining firm ZCCM-IH in January last year.
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Sibanye Stillwater CEO says market conditions not ideal for gold M&A
Mining News Pro - South African gold miner Sibanye Stillwater is focused on operational stability and containing costs as market conditions are not conducive for gold mergers and acquisitions, Chief Executive Neal Froneman said on Thursday.
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Sibanye-Stillwater seeks control of Finnish lithium miner
Mining News Pro - Precious metals miner Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) revealed on Thursday it is in talks to take a controlling stake in Finnish lithium firm Keliber, adding that the plan is to have an 80% in the company, which aims to be Europe’s first fully integrated lithium producer.
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Flooding forces Sibanye-Stillwater to halt Montana mines
Mining News Pro - Precious metals miner Sibanye-Stillwater halted production at its two platinum group metals (PGMs) operations in Montana on Monday night after heavy flooding damaged an access road.
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Visit: 639
Unions set to intensify Sibanye-Stillwater strike on exec ‘wage wallop’
Mining News Pro - South Africa’s Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater local gold mines.
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Visit: 639
Sibanye-Stillwater posts record profit on upbeat commodity prices
South African miner Sibanye-Stillwater reported on Thursday a stronger profit and 20% increase in South African platinum group metals (PGM) production for 2021, buoyed by a surge in commodity prices.
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Amplats sells stake in two mines to rival Sibanye-Stillwater
Mining News Pro - Anglo American Platinum (Amplats) has agreed to sell its 50% stake in the Kroondal and Marikana platinum group metals mines in South Africa for just 1 rand ($0.0643) to rival Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW), the company said on Monday.
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Sibanye-Stillwater ditches $1bn Brazil copper and nickel deal
Mining News Pro - Sibanye-Stillwater has walked away from a $1 billion deal to acquire the Santa Rita nickel and Serrote copper mines in Brazil, which would have boosted its growing battery metals portfolio.
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Sibanye-Stillwater buys nickel-copper mines in Brazil for $1 billion
Mining News Pro - South Africa-based Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) is buying two nickel and copper mines in Brazil from private equity firm Appian Capital Advisory in a $1 billion deal that boosts the company’s growing battery materials portfolio.
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Sibanye-Stillwater in talks to buy two Brazilian nickel-copper mines
Mining News Pro - South African Sibanye-Stillwater is in advanced talks to buy two Brazilian nickel and copper assets, as miners across the globe try securing supplies of the metals used in batteries for electric cars and are key for the transition to a green economy.
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Visit: 523
Sibanye-Stillwater in talks to buy Brazil nickel and copper assets
Mining News Pro - Precious metals miner Sibanye-Stillwater is in talks to buy nickel and copper assets in Brazil, as it looks to step up supplies of raw materials that are key to the transition to low-carbon energy sources.
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Group Ten Metals close to initial resource for Stillwater West project in Montana
Mining News Pro - Group Ten Metals expects to publish its first resource estimate in the coming weeks for the Stillwater West platinum-group elements (PGE) plus gold, copper, nickel and cobalt project in Montana, president and CEO Michael Rowley tells The Northern Miner.
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Green 175 MW power for Sibanye-Stillwater platinum group metal mines
Mining News Pro - A total of 174 MW of clean, green renewable power is on the way for Sibanye-Stillwater’s platinum group metal (PGM) mines in South Africa.
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Sibanye-Stillwater buys half of ioneer’s Nevada project for $490m
Mining News Pro - New York-listed miner Sibanye-Stillwater is investing $490-million in a lithium/boron mining project in Nevada, US, as it steps up its presence in the battery materials supply chain.
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Sibanye-Stillwater profit soars, targets push for greener tech in future output
Mining News Pro - Sibanye-Stillwater said on Thursday higher metals prices and stronger than forecast output had lifted 2020 earnings and cut debt, and that it would focus on serving the push for green technologies with future output.
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Sibanye-Stillwater profit soars, free cash rockets
Mining News Pro - The free cash flow of precious metals company Sibanye-Stillwater rocketed 63-fold to within a hair’s breadth of R20-billion in the six months to the end of December.
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New York court dismisses class action against Sibanye-Stillwater
Mining News Pro - A Brooklyn, New York, Federal Court has dismissed with prejudice, a putative securities class action suit seeking damages for allegedly false and misleading statements by Sibanye-Stillwater and its CEO Neal Froneman relating to safety incidents in 2018.
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Sibanye-Stillwater posts record Q3 profit on higher metals prices
Mining News Pro - Sibanye-Stillwater said on Thursday third-quarter core earnings reached record levels, boosted by higher metals prices, despite an 18% drop in output at its South African platinum mines.
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Visit: 609